The Kingdom’s central bank, SAMA, has long managed the country’s investment of oil surpluses abroad.
Sipchem recently ended merger talks with Sahara Petrochemical.
The Berri gas plant includes three gas-oil separation plants, five new and 10 upgraded offshore platforms, 35 drilling islands and a 140MW co-generation plant.
The Kingdom imported about 2.6 million tonnes of wheat last year.
Order books are scheduled to close at the end of this week, according to sources.
The suspected militants were arrested in Riyadh’s al Nakheel district in 2006.
The 1.05 million square metre plot in Riyadh has a book value of SAR105.3 million.
The French hospitality group will operate the new ibis Madinah Road in Jeddah Saudi Arabia.
The proposed Saudi fund would start with capital of 30 per cent of budget surpluses accumulated over past years, it was reported.
The regulator had halted the trading of STC shares after the company failed to give sufficient details on a network sharing deal.
The Kingdom’s Shoura Council is examining a proposal that suggests raising the minimum age of drivers to 20.
Both firms agree the merger is still in the interest of shareholders but said it couldn’t be achieved under the current regulatory regime.
The offering will support the bank’s capital base in accordance with Basel III requirements, assist its future growth and diversify funding sources, a statement said.
The amount will be used to help repay loans and fund expansion.
The firm will provide the world’s highest double decker elevators, which will travel at a speed of over 10 metres per second.
The Capital Market Authority (CMA) has suspended trading in Atheeb shares until the company provides more details.
The so-called Indefeasible Rights of Use (IRU) agreement gives Atheeb access to 30,000 STC data connections for 15 years.
MERS has infected 691 people and killed at least 284 of them in Saudi Arabia alone since it first emerged in 2012.
The project is now also costlier by $2 billion, according to the Saudi government.
Prosecutors say the official, who was visiting Las Vegas while temporarily stationed at Lackland Air Force Base in Texas, lured the boy to a room and sexually assaulted him.
The monarch said any country that did not contribute to Egypt’s future despite having the ability to do so would “have no future place among us”.
The sharp increase in deaths now attributed to MERS means the mortality rate from the virus in Saudi Arabia is now 41 per cent, instead of the 33 per cent previously thought.
Ziad Memish has been criticised by some international scientists for his handling of the MERS virus that has infected 575 people in the Kingdom.
While output growth continued to accelerate, growth in new orders dropped sharply.
Atheeb said it wants to cancel the deal with Mobily “due to some technical and logistical difficulties”.
The super regional mall will be anchored by an IKEA store and will have a gross leasable area of 250,000 square metres.
Mohammad Javad Zarif’s visit would have been the first by a senior Iranian official since President Hassan Rouhani took power.
The transaction is likely to be worth between SAR500 million and SAR1 billion, sources said.
New regulations will come into effect within 60 days to protect the rights of domestic workers in the Kingdom, a labour ministry official said.